Russia: rapeseed oil output down

According to the official statistics figures, in 2015/2016 MY (August-July) Russia produced 334.2 thousand tons of crude rapeseed oil, down by 21% compared with the season-2014/2015 (424.7 thousand tons). Most Federal Districts faced the downward trends in production, and only the Volga District demonstrated the growth rates (up by 13%; to 19.8 thousand tons), and…

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Russia: international traffic down in July 2016

Russia’s international traffic fell by 26.6% in July to 3.6 million passengers, according to Russia’s Federal Air Transport Agency, Rosaviatsia. Total international and domestic traffic reached 10.1 million, down by 10.3% YoY. In January-July Russian airlines carried 48.2 million passengers, down by 8.2% YoY. International traffic dropped by 26.7% to 17 million, domestic increased by…

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Russia: Roscosmos to create space robots

Russia’s State Space Corporation, Roscosmos, has announced a tender to create space robots (Kosmorobot) that will assist cosmonauts during their extravehicular activities. The project’s contract price tag comes to 2.4 billion rubles ($36.78 million). This information has been published on the public procurement website. According to the technical design assignment, the robots will have to…

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India to invest over $300 million in logistics center for Sukhoi Su-30MKI fighter parts

India intends to invest more than 20 billion rupees ($300 million) in the creation with Russia’s assistance of a logistics center of spare parts for Russia’s Sukhoi Su-30MKI fighters at the facilities of India’s state-owned aerospace and defense company Hindustan Aeronautics Limited (HAL), a source in the Indian Defense Ministry reported. “To date, the main…

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Ukraine: Antonov and AICC agree on long-term cooperation on An-225 Mriya aircraft

Kyiv-based state-run Antonov enterprise and Aerospace Industry Corporation of China (AICC) have signed an agreement on cooperation under the An-225 Mriya aircraft program, the Ukrainian company’s press service has said. “The parties have expressed their intention to cooperate in the long-term outlook, which foresees the construction of the second sample of the modernized An-225 Mriya…

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Russia: watchdog opposes excise duty on sweetened beverages

Russia’s Federal Antimonopoly Service believes that a decision to introduce an excise duty on sugar-containing beverages will lead to higher food prices, a lower purchasing power and falling budget revenues, Anna Mirochinenko, director of the service’s chemical and agriculture industries control department, said. “The Federal Antimonopoly Service believes that expanding the list of excisable goods…

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Russia: soybean production volumes to be doubled

The Ministry of Agriculture of Russia plans to double soybean production volumes in the country, the Minister of Agriculture of the Russian Federation Alexander Tkachev declared. According to him, increasing of the domestic production of the oilseed would break the dependence on imports of low-quality soybeans, including genetically modified oilseed, as well as allow increasing…

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Russia: new Apple products certified

Russia has certified Apple’s new smartphones, smartwatches and wireless headphones. The certification shows two modifications of the iPhone 7 instead of three earlier expected. The smartphones will run on the iOS 10 operating system. Apple certified three new models of the Apple Watch on the watch OS2 system. The U.S. giant will unveil its new…

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Russia: sunflower export tax down

Starting from September 1, Russia is decreasing export tax for sunflower, exported to the non-Customs Union countries. The corresponding decree has already been published on the government’s web-site. Sunflower seed export tax, including material for seeding purposes, will equal 6.5% from the good’s customs value, but no less than EUR 9.75 per 1 MT. Currently…

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